GM delays electric truck production at Michigan plant to late 2025 amid slowing US demand
- GM is delaying production of electric Silverado and Sierra trucks at its Orion Assembly plant to late 2025.
- The delay is to better manage capital investment and align production with slowing consumer demand for EVs.
- GM cites higher interest rates making EVs less affordable and inventory buildup as factors reducing demand.
- The Orion plant will continue making the Bolt EV and EUV through 2023 before conversion to truck production.
- The delay is unrelated to UAW negotiations, with Orion workers offered jobs at other facilities until 2025.